Core Viewpoint - The legal opinion letter confirms that the procedures for convening and holding the 2025 first extraordinary general meeting of Shanghai Aixi New Energy Co., Ltd. comply with relevant laws and regulations, ensuring the legitimacy of the meeting and its resolutions [1][4][6]. Meeting Procedures - The meeting was convened by the company's board of directors and publicly announced on April 22, 2025, through various media outlets, detailing the time, location, and agenda [2][3]. - The meeting was held on May 12, 2025, combining on-site and online voting methods, with the on-site meeting taking place at a designated conference center [3][4]. Attendance and Voting - A total of 933 shareholders participated, representing 657,391,034 shares, which is 36.4283% of the total voting shares after accounting for repurchased shares [4]. - The qualifications of attendees were verified and found to be compliant with legal and regulatory requirements [4]. Voting Results - The meeting passed three key resolutions related to the 2025 restricted stock and stock option incentive plan, with significant support from shareholders: - The first resolution received 652,504,277 votes in favor, with 0.6554% against [5]. - The second resolution received 652,611,737 votes in favor, with 0.6390% against [6]. - The third resolution received 652,606,897 votes in favor, with 0.6396% against [6]. Conclusion - The legal opinion concludes that all aspects of the meeting, including the convening, attendance, and voting procedures, were conducted in accordance with applicable laws and regulations, affirming the validity of the meeting and its outcomes [6].

Meeting Overview - The fifth meeting of the fifth supervisory board of Jiangsu Riying Electronics Co., Ltd. was held on May 9, 2025, with all three supervisors present, and the meeting was conducted in accordance with relevant laws and regulations [1]. Adjustment of Stock Incentive Plan - The supervisory board approved the adjustment of the reserved grant price for the 2024 restricted stock and stock option incentive plan, confirming that it complies with the relevant laws and regulations [2][3]. - The adjustment of the exercise price for the stock options under the 2024 incentive plan was also approved, with the process deemed legal and compliant [2][3]. - The adjustment of the repurchase price for the restricted stock under the 2024 incentive plan was approved, ensuring it aligns with the relevant legal frameworks [3][4]. Voting Results - The voting results for all proposed adjustments were unanimous, with 3 votes in favor, and no votes against or abstentions [2][3][4].